Private Property Improvement Grant
Program (PPI)

Funding provided by the Moberly Downtown
Community Improvement District.

The purpose of the Private Property Improvement Incentive Grant Program is to assist property owners with improvements to real property within the Downtown Moberly Community Improvement District. Priority focus will be on properties identified with health or safety issues identified through the City of Moberly’s Code Enforcement. Funds for this program are provided by the Moberly Downtown Community Improvement District.

 

The following objectives, guidelines, and requirements govern the Private Property Improvement Incentive Grant Program.  A committee of three persons, two from the Moberly Area Economic Development Corporation (MAEDC) and a City Code Enforcement official will be responsible for accepting, reviewing, and approving applications submitted by downtown property owners.

 

Objectives:

  1. Promote larger investments in Downtown Moberly.

  2. Promote more exterior work on buildings.

  3. Promote structural and longevity improvements to buildings.

  4. Encourage the use of local contractors.

Guidelines & Requirements:

 To be considered, an application must be received before work begins.

  • Preference will be given to projects that promote program objectives.

  • An applicant can do only one large OR one small PPI project per fiscal year (July through June). A large or small project may be completed alongside a window restoration project.

 

Large Project:

Minimum total investment of $10,000

One per structure within a CID fiscal year (July through June)

50/50 matching grant up to $10,000

Up to 5 projects could be funded.

 

Small Project:

No minimum investment

One per structure within a CID fiscal year (July through June)

50/50 matching grant up to $3,500

Up to 8 projects could be funded.

 

Window Restoration Program: (Details forthcoming Fall ’21)

Contractor hired by the CID will replace 22 windows in Spring 2022.

Owners must furnish a $250 deposit per window, the CID will pay the next $500, and the owner will pay the balance.

  • Example: Window and installation cost $1,100. Owner’s cost would be $600, the CID would pay $500.

 

  • A brief summary of the proposed renovation/rehabilitation project must be submitted with the application.

 

  • Applicants must adhere to applicable City of Moberly ordinances and code enforcement requirements set forth by the City.

 

  • Grants are provided to assist with building code violation remediation as well as other real property improvements within the Downtown Moberly Community Improvement District.

 

  • Applicants must be current on all Randolph County real property tax payments for properties owned within the Downtown Moberly Community Improvement District to qualify for project reimbursement.

 

  • Approved applications must be in good standing with the City of Moberly utility billing.

 

  • After the application is approved and before reimbursement can be made, documentation of the paid project expenses must be provided in the form of paid invoices and copies of checks rendered for payment or credit card receipts and credit card statements showing payments made.

 

  • Contractors must provide waiver of liens for all work completed prior to reimbursement being made.

 

  • Applications will be scored utilizing the accompanying rubric.

 

Contact

Michael Bugalski

Moberly Area Economic Development Corporation

115 N. Williams St.

Moberly, MO  65270